KE FIBERTEC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KE FIBERTEC A/S
KE FIBERTEC A/S (CVR number: 19138038) is a company from VEJEN. The company reported a net sales of 76.2 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 5.4 mDKK), while net earnings were 9770 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KE FIBERTEC A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 76 290.00 | 76 218.00 | |||
Gross profit | 26 724.00 | 20 470.00 | 23 221.00 | 24 992.00 | 24 547.00 |
EBIT | 12 578.00 | 6 105.00 | 7 846.00 | 5 958.00 | 5 431.00 |
Net earnings | 18 550.00 | 12 592.00 | 15 805.00 | 15 385.00 | 9 770.00 |
Shareholders equity total | 32 306.00 | 28 342.00 | 32 725.00 | 36 476.00 | 39 946.00 |
Balance sheet total (assets) | 42 506.00 | 38 874.00 | 48 722.00 | 52 566.00 | 60 548.00 |
Net debt | 8 178.00 | 12 355.00 | |||
Profitability | |||||
EBIT-% | 7.8 % | 7.1 % | |||
ROA | 31.5 % | 15.0 % | 17.9 % | 35.8 % | 21.1 % |
ROE | 64.1 % | 41.5 % | 51.8 % | 44.5 % | 25.6 % |
ROI | 33.8 % | 15.0 % | 17.9 % | 38.5 % | 24.2 % |
Economic value added (EVA) | 12 074.65 | 4 481.62 | 6 421.81 | 3 017.85 | 3 856.99 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.9 % | 66.0 % |
Gearing | 22.5 % | 31.3 % | |||
Relative net indebtedness % | 20.8 % | 26.5 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | |||
Current ratio | 1.4 | 0.9 | |||
Cash and cash equivalents | 29.00 | 164.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.3 | 20.9 | |||
Net working capital % | 5.9 % | -1.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AAA |
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